HOTEL RESTAURANT LE COMMERCE : revenue, balance sheet and financial ratios

HOTEL RESTAURANT LE COMMERCE is a French company founded 33 years ago, specialized in the sector Hôtels et hébergement similaire . Based in FECAMP (76400), this company of category PME shows in 2021 a revenue of 242 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - HOTEL RESTAURANT LE COMMERCE (SIREN 390184380)
Indicator 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue 242 190 € 189 194 € 286 835 € 290 804 € 298 768 € 331 076 € 344 877 € 348 488 € 400 568 € 400 837 €
Net income 17 222 € -6 383 € 5 431 € -12 457 € -6 086 € 18 100 € 23 266 € 12 860 € 59 223 € 5 347 €
EBITDA 36 024 € 4 770 € 17 068 € 5 083 € -1 472 € 28 105 € 38 995 € 28 045 € 65 466 € 34 451 €
Net margin 7.1% -3.4% 1.9% -4.3% -2.0% 5.5% 6.7% 3.7% 14.8% 1.3%

Revenue and income statement

In 2021, HOTEL RESTAURANT LE COMMERCE achieves revenue of 242 k€. Revenue is declining over the period 2012-2021 (CAGR: -5.4%). Vs 2020, growth of +28% (189 k€ -> 242 k€). After deducting consumption (19 k€), gross margin stands at 224 k€, i.e. a rate of 92%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 36 k€, representing 14.9% of revenue. Positive scissor effect: EBITDA margin improves by +12.4 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 17 k€, i.e. 7.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

242 190 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

223 541 €

EBITDA (2021) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

36 024 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

16 311 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

17 222 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

12.3%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 354%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 12.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

353.818%

Financial autonomy (2021) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

17.479%

Cash flow / Revenue (2021) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

12.411%

Repayment capacity (2021) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

6.465

Asset age ratio (2021) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

53.4%

Solvency indicators evolution
HOTEL RESTAURANT LE COMMERCE

Sector positioning

Debt ratio
353.82 2021
2019
2020
2021
Q1: 0.0
Med: 41.15
Q3: 182.48
Average

In 2021, the debt ratio of HOTEL RESTAURANT LE COMMERCE (353.82) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
17.48% 2021
2019
2020
2021
Q1: 0.08%
Med: 25.93%
Q3: 55.61%
Average

In 2021, the financial autonomy of HOTEL RESTAURANT LE COMMERCE (17.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
6.46 years 2021
2019
2020
2021
Q1: -2.99 years
Med: 0.53 years
Q3: 5.6 years
Average

In 2021, the repayment capacity of HOTEL RESTAURANT LE COMMERCE (6.46) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 181.80. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 9.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2021) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

181.8

Interest coverage (2021) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

9.249

Liquidity indicators evolution
HOTEL RESTAURANT LE COMMERCE

Sector positioning

Liquidity ratio
181.8 2021
2019
2020
2021
Q1: 80.04
Med: 181.6
Q3: 371.28
Good

In 2021, the liquidity ratio of HOTEL RESTAURANT LE COMMERCE (181.80) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
9.25x 2021
2019
2020
2021
Q1: -0.58x
Med: 0.4x
Q3: 6.81x
Excellent

In 2021, the interest coverage of HOTEL RESTAURANT LE COMMERCE (9.2x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 6 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 128 days. Excellent situation: suppliers finance 122 days of the operating cycle (retail model). Inventory turnover is 4 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 180 days of revenue, i.e. 121 k€ to permanently finance. Over 2012-2021, WCR increased by +96%, requiring additional financing.

Operating WCR (2021) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

121 160 €

Customer credit (2021) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

6 j

Supplier credit (2021) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

128 j

Inventory turnover (2021) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

4 j

WCR in days of revenue (2021) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

180 j

WCR and payment terms evolution
HOTEL RESTAURANT LE COMMERCE

Positioning of HOTEL RESTAURANT LE COMMERCE in its sector

Comparison with sector Hôtels et hébergement similaire

Valuation estimate

Based on 98 transactions of similar company sales in 2021, the value of HOTEL RESTAURANT LE COMMERCE is estimated at 266 709 € (range 180 333€ - 409 347€). With an EBITDA of 36 024€, the sector multiple of 8.4x is applied. The price/revenue ratio is 1.20x (premium valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2021
98 tx
180k€ 266k€ 409k€
266 709 € Range: 180 333€ - 409 347€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
36 024 € × 8.4x
Estimation 301 415 €
250 462€ - 456 389€
Revenue Multiple 30%
242 190 € × 1.20x
Estimation 291 795 €
146 016€ - 460 651€
Net Income Multiple 20%
17 222 € × 8.3x
Estimation 142 318 €
56 489€ - 214 787€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 98 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Hôtels et hébergement similaire )

Compare HOTEL RESTAURANT LE COMMERCE with other companies in the same sector:

Voir toutes les statistiques du secteur Hôtels et hébergement similaire

Frequently asked questions about HOTEL RESTAURANT LE COMMERCE

What is the revenue of HOTEL RESTAURANT LE COMMERCE ?

The revenue of HOTEL RESTAURANT LE COMMERCE in 2021 is 242 k€.

Is HOTEL RESTAURANT LE COMMERCE profitable?

Yes, HOTEL RESTAURANT LE COMMERCE generated a net profit of 17 k€ in 2021.

Where is the headquarters of HOTEL RESTAURANT LE COMMERCE ?

The headquarters of HOTEL RESTAURANT LE COMMERCE is located in FECAMP (76400), in the department Seine-Maritime.

Where to find the tax return of HOTEL RESTAURANT LE COMMERCE ?

The tax return of HOTEL RESTAURANT LE COMMERCE is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does HOTEL RESTAURANT LE COMMERCE operate?

HOTEL RESTAURANT LE COMMERCE operates in the sector Hôtels et hébergement similaire (NAF code 55.10Z). See the 'Sector positioning' section above to compare the company with its competitors.